Producer prices in Germany increased by 0.4% in September 2020 compared to August, according to the German Federal Statistical Office. Economists expected a decrease of 0.1%. In August, prices remained the same. On an annual basis, German producer prices fell by 1% in September.
In August 2020, the production in the construction sector rose by 2.6% in the euro area compared to July. This was reported by the European statistics office Eurostat on the basis of a first estimate. In July, the production in the construction sector in the euro area increased by 0.3%. Compared to August 2019, production decreased by 0.9%.
Industrial production in the United States unexpectedly decreased by 0.6% in September 2020 compared to August, as was reported by the Federal Reserve. Economists expected an increase of 0.5%. In August, production increased by 0.4%.
The 6M Euribor is unchanged at -0.50% compared to previous business day. The 10Y Swap is unchanged at -0.30% compared to previous business day.
In the attachment, today’s market data on money and capital market rates as well as other rates are presented.
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